Entries by AllAfrica News: Petroleum

Nigeria: Oil Eases As Market Focuses On Strait of Hormuz

[Daily Trust] Oil prices dipped on Monday as investors focused on the crucial Strait of Hormuz and the head of the IEA said more crude could be released to the market if necessary.

Nigeria: Gas Supply Falls 8.5 Percent to 4.7 Metric Tonnes Daily

[Vanguard] The supply of Liquefied Petroleum Gas, LPG, also known as cooking gas declined by 8.5 percent, on a month-on-month, MoM basis to 4.7 metric tonnes per day in February 2026 from 5.1 metric tonnes per day in December 2025.

Uganda: Cheap Oil Is More Expensive Than You Think

[Nile Post] Uganda's boda-boda sector operates under relentless pressure, tight margins, long working hours, unforgiving roads that push the riders and machines to their limits.

Nigeria: Halt Petrol Imports Before They Drain Forex Reserves, Group Urges Tinubu

[Leadership] An energy policy group has urgently appealed to President Bola Ahmed Tinubu to reconsider newly approved petrol import permits, warning they could drain Nigeria's precious foreign exchange reserves and derail the government's economic stab...

Nigeria: Ethnic Youth Leaders Defend Dangote Over Fuel Price Increase

[Leadership] Some socio-cultural groups under the aegis of Ethnic Youth Leaders in Nigeria have defended Dangote Refinery over what they described as a slight increase in petrol price.

Nigeria: Navy Destroys Illegal Refining Sites in Rivers, Seizes Stolen Products

[Leadership] Troops of the Nigerian Navy have destroyed illegal refining sites in Rivers State and seized stolen products.

Uganda: Copper Is the New Oil, but Will Uganda Be Norway or Nigeria?

[Independent (Kampala)] In the 20th century, oil shaped global power -- it made and unmade nations. Nations sitting on vast petroleum reserves -- such as Saudi Arabia, Kuwait and Venezuela -- saw their fortunes transformed almost overnight.

Ethiopia: Ethiopia Urges Fuel Conservation As Middle East Tensions Disrupt Global Supply

[Shabelle] Addis Ababa -- Ethiopian Prime Minister Abiy Ahmed has called on oil companies, service stations and the public to conserve fuel, warning that escalating tensions in the Middle East are disrupting global energy supplies.

Nigeria: Fuel Price Hike – Expert Urges Transport Subsidy, Private Sector Partnership

[Leadership] Abuja -- A business development consultant, Johnbosco Ezenwa, has called on the federal government to collaborate with the private sector to cushion the impact of rising fuel prices on Nigerians.